Shaitan sent us this photo from Defense Forum Indian. He wrote “Indian MCIWS rifle in its latest avatar with a new type of stock .It is still being developed.”
The Multi Caliber Individual Weapon System (MCIWS) has been a development since at least 2013. It is supposed to start military trials this month. It can be chambered in 5.56mm, 6.8 Remington SPC and 7.62x39mm.The receiver is Aluminum not polymer like so many new assault rifles in recent years.